Malu Paper Mills Confirms Non-Large Corporate Status Following Review
Malu Paper Mills Limited has announced that it does not fall under the 'Large Corporate' (LC) category, based on the criteria established by SEBI. This confirmation pertains to the framework governing fund raising by large entities.In a statement regarding its corporate classification, the company confirmed its status and provided specific details in an annexure.
The key details provided by Malu Paper Mills Limited are summarized below:
| Particulars | Details |
|---|---|
| Name of the Company | Malu Paper Mills Limited |
| Outstanding borrowing of company as on 31 st March, 2026, as applicable | 4.73 Cr |
| Highest credit rating during the previous F.Y. along with name of the Credit Rating Agency (CRA) | Not Applicable |
| Name of stock exchange in which the fine shall be paid, in case of shortfall in the required borrowing under the framework | Not Applicable |
The company confirmed that it does not meet the applicability criteria for the Large Corporate status.
MALUPAPER Stock Price Movement
Shares of Malu Paper Mills Limited slipped by 0.31% on Wednesday, closing at ₹32.61. The stock saw 5,495 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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